Excite cans Chello deal

Got a bit complicated

Excite@Home has canned its plans to merge its international operations with Chello.

The merger would have created the largest broadband group outside the US but Excite, the AT&T controlled group, called an end to the five-month-long negotiations because the deal had became too complicated.

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Irish telco Eircom is just about to conclude the sale of its Eircell mobile business to Vodafone. The business is valued at £3.1 billion.

Eircom has reported sales for the six months to 30 September rose from E945 million (£574 million) to E1.06 billion (£644 million).

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